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Citigroup Nears $7 Billion Mortgage Probe Deal

The Wall Street Journal
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July 09, 2014 AT 10:39 AM
The Justice Department and Citigroup are close to a deal for the bank to pay about $7 billion to settle allegations it sold shoddy mortgages in the run-up to the financial crisis. WSJ's Andrew Grossman fills in details on MoneyBeat. Photo: AP.